OPEC's crude oil production 1998-2023

Published by Statista Research Department, Jul 9, 2024

In 2023, crude oil production from OPEC countries amounted to roughly 34 million barrels of oil daily, slightly down from some 34.2 million barrels per day in the previous year. Between 1998 and 2023, figures increased by nearly 4.1 million barrels of oil per day, peaking at 37.5 million barrels per day in 2016.

Crude oil production of the OPEC from 1998 to 2023 (in 1,000 barrels per day)

CharacteristicProduction in thousand barrels per day
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Showing entries 1 to 13 (26 entries in total)
Statistic: Crude oil production of the OPEC from 1998 to 2023 (in 1,000 barrels per day)

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Release date

June 2024

Region

Worldwide

Survey time period

1998 to 2023

Supplementary notes

Figures include crude oil, shale oil, oil sands, condensates and NGLs. Liquid fuels from other sources such as biofuels and synthetic derivatives of coal and natural gas are excluded, as well as oil shales/kerogen extracted in solid form.

This statistic was compiled using several releases of the publication.
Figures were restated based on the latest report.

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